|
In
This Issue
What
Does "Do Not Call" Mean to Marketing?
"Do Not Call" means that customers are prepared to
put up more defenses regarding marketing. The result is most
consumer marketers are planning to spend more on marketing in
2004 than in 2003. A recent national poll of consumer
marketers indicates that nearly 60 percent are planning to
spend more on marketing next year over 2003. And, many are
considering spending "considerably more."
Because
of the growing economy, there is also a growing anticipation
of a better overall consumer market, with more buying
confidence and power. This means organizations are lining up,
now, to get ahead of the competition with their message and
communications. We have been detecting some interesting trends
that you may observe as the economy heats up. People ARE
spending more, however they are very focused about what they
want and are still searching out the best deals. We are seeing
an increase in people buying tickets via E-Bay, for example.
What does that mean? It means it is more necessary than ever
to reach people early and often via direct mail, with solid
and, ideally, personalized messages to connect them directly
to your institution.
There
is good news here. A recent analysis of direct mail response
rates done by the Direct Marketing Association has found that
nonprofits are seeing the very best response rates for direct
mail, oftentimes as high as 5.35 percent! That is ahead of
retail, which is seeing responses in the 3.34 percent area.
The average response rate among 1,122 campaigns studied by the
DMA was 2.61 percent. This is significantly higher than the
traditional rule of 1 to 2 percent. It shows that consumers
are keyed to receiving information that triggers buying action
via direct mail. Note that the high response rates come when
all other factors align: message, brochure quality, price,
timing, and a very carefully selected prospect list.
It
is interesting to note that the best response for catalogues
again comes from the nonprofit and membership sectors,
outpacing standard retail. If your organization has wondered
whether a catalogue works, the answer is yes. Response rates
are at 3.2 percent - well above the normal 2 percent response
for direct mail. At the annual Direct Marketing Association
conference in Orlando last week, DMA executive H. Robert
Weintzen said that "as the marketplace continues to
change, affected by the economy, deregulation, competition and
the need to offset expensive advertising campaigns, direct
marketing techniques are being used by a wider spectrum of
audiences." That means consumers are more primed than
ever to receive mail information. Do not miss the moment!
More
About ArtsMarket
Quick
Links...
§
Press
Clippings
§
Connecting
Arts to the Public
§
What
We Do
§
Our
Clients
§
Representative
Projects
§
Who
We Are
|
|
Greetings!
Welcome
to the brave new marketing world of "No Call
List" realities. And, to make this more
interesting, it is now also a world of consumers who
think their names are automatically on the no call
list and do not want to be called. This poses
consistently greater challenges for marketers. Due to
all of these challenges, this special edition
newsletter is for those of you who are seeking extra
knowledge and direction for your marketing plans.
First,
you can rest easy. All of the major list brokers are
honoring the no call list, regardless of what happens
as the courts examine and re-examine the legalities of
no call. At ArtsMarket, we provide our list customers
with detailed background information allowing you to
reference our policies and rules if at any time
someone claims they were on the no-call list. We
typically purchase lists for unlimited use over a one
year duration from the date of purchase. (Only a few
of our clients ever want one time use of a list - the
real value comes in repeat working of a list.) If a
person requests being added to the do not call list
after the date of your list purchase, you will
obviously not know it. And, as most of you are
marketers for nonprofit institutions, you technically
do not need to be worried by this, as nonprofits are
exempt from the new rulings. It does help, however, to
be in the driver's seat, equipped with clear answers
for any grumpy customers.
|
|
The
Impact On Telemarketing - It Still Works!
If
you have ordered a list with phone numbers more than
six months ago and you plan to use it yet this year
for telemarketing, you might do well to order a new
list now rather than wait until your typical full year
of use is up. Why? Many individuals have rushed to get
on the "Do Not Call" lists during the past
quarter. Even though it is perfectly legal for your
nonprofit to call them, none of us are able to gauge
the potential anger from people who think they should
not be called. If you plan to order a new list in the
next quarter anyway and are making cold calls from
your old list now, consider ordering new names soon.
You will sleep better.
With
a clean list and a sizable budget, telemarketing still
works. In fact, "Do Not Call" almost acts as
a screener for you: now, with a fresh list, you will
only reach households that want to accept calls.
Returns for overall telemarketing is at 7.44 percent,
with nonprofit fundraising responses, on average,
pulling in a whopping 19.4 percent. Again, these type
of returns come when all of the stars are aligned: the
right ask, the right phone voice, the right price
points and a very, very high-quality list. We have
been developing extremely targeted lists for telephone
fundraising, and they work! Develop a passionate ask -
a passionate call to action - and you will see a great
return on your investment.
More
About ArtsMarket »
|
|
Power
of Direct Marketing
The
good news here is that prospecting lists are also
getting better and bigger than ever. We recently
compared list companies for one of our clients: a
broker we had worked with before could only deliver
1,000 qualified arts attendee households in our
clients' market, while a new broker was able to secure
12,000 qualified households. We are using multiple
layers of screening to find absolutely prime
prospects. Development officers are asking us to
cross-screen, for example, to select high income
households representing certain clusters, including
charitable giving history, arts attendance and arts
participation (i.e. taking art classes.) We sometimes
take the screening to even higher and more detailed
levels by considering, for example, subscriptions to
certain magazines, specific hobby interests such as
photography, and the amount spent per household on
leisure activities.
What
this means for you is that you can have high levels of
confidence in obtaining good rates of return from
direct mail. When you then mine the list repeatedly
throughout the year, your impact will continue to
grow. That is why it is important to plan your direct
marketing budget to include enough repeat and special
offer mailings to pick up customers who do not respond
to the full season or early bird offers. Ideally, you
are including as much personalization and
customization of pitch-to-target as possible.
We
also continue to offer rapid-turnaround merge- purge
with your existing databases. And, as you find it
necessary, we are able to conduct a quick re-analysis
of the geography and/or clusters and demographics you
are trying to reach, where you have made progress from
your direct marketing over the past couple of years,
and where you have new pockets of opportunity.
Sometimes we are able to deliver this analysis in less
than a week, depending on our project volume, but it
helps to have advance warning.
You
can also turn to us to do a routine clean of your
house list. Recently, one of our research/database
clients asked us to do a merge-purge of their house
list against a new list we helped them purchase. As we
were doing the merge, we saw that the addresses of
many of the pieces of mail they normally send out are
not reaching real households. For example, they may
have mailed a piece to 101 Front Street, but the
actual Post Office address was 101 Front Avenue. By
making the changes - a service we provide for a
minimal fee - our client will be able to ensure that
each piece of mail they send actually arrives at the
desired location.
More
About ArtsMarket »
|
|
Does
E-Mail Replace Snail Mail?
No.
It expands direct marketing. Every institution that
has developed a really first-rate e-mail system has
benefited greatly, and the results can be dramatic in
building participation and loyalty. (E-mail works
wonders for instant ticket sales: the trick is to make
it truly instant!) But e-mail is still too volatile to
use as a stand alone replacement for direct mail.
E-mail addresses change so rapidly, and there is still
no way to track "change of address" in order
to keep up with valued customers. Expect major
progress on this problem within the next 12 months,
but at this writing, it is still an imperfect system.
But, there is a silver lining. Use e-mail to build
your direct mail list and you will have wonderfully
qualified new households to mail to. You also can
easily obtain key information through on-line
surveying that can be required for people to receive
your e-mails. If you are looking for a great email
system, contact us. We will help you sort through your
options.
More
About ArtsMarket »
|
|
What
Is The Value Of Web Marketing?
In
a word, vast. Be sure your arts web presence is truly
marketing, not only information sharing. That is
difficult for most of us, but essential when you are
reaching savvy consumers. Our field still relies
heavily on calendars, visitor information, and
descriptives over calls to action. And, as a field we
are hooked on cool- looking, but hard-to-navigate
sites - eight point yellow type on black background,
pulsing in and out of focus can take three minutes for
a page to load on most home computers. If you are
considering upgrading your Website, think about it
from your audience's perspective: · Make it easy. ·
Make it sales-oriented. · Link to ticketing. · And
do not forget the basics. We recently did a search of
about 25 performing arts center Websites throughout
the US. At least half forgot to mention their
institutions' street addresses (or cities, for that
matter), their phone number, physical box office
information, or other essential information. The
moving images were fabulous, and the designs were
dazzling. But would you send out a season ticket
brochure without an order form? Do a Website inventory
to make sure key sales and contact information is not
missing or hidden on your site!
The
Basics of Marketing- In the past couple of
budget-crisis years, many of the key investments
marketers need for success have been postponed. Do not
let your institution be pound wise and penny foolish.
Can your organization afford to NOT invest in a
comprehensive ticketing system that captures all
household names when it is contemplating a build-up to
a capital campaign? This is the precise time to be
able to reach and build loyalty among all those
unknown visitors. Can your organization stall on
eliminating the "voice loop from hell" when
trying to make it consistently easy for people to
connect to box office, school programs, membership, or
programs? As customers demand more instant service,
this old- fashioned "portal" to your
institution is more important than ever.
We
Are Here- Stay in touch with us. Share your successes
and the trends you see. Ask for counsel. Let us share
information with you about the increasing precision
and capacity of all lists. Despite market challenges,
many of you are seeing consistent increases and
successes by working strategically, year after year.
Do you want to receive periodic newsletters with more
updates and tips? Contact me via email and let me know
what subjects you would like us to cover. I look
forward to hearing from you! And, by the way, check
out the recent press clippings on our Website. We have
won a major award for work with one of our clients,
and have been featured in stories about a number of
your organizations. Let us know what you think.
Louise
K. Stevens - President - ArtsMarket, Inc. Note Our New
Street Address: ArtsMarket, Inc. - 1125 W. Kagy
Boulevard - Suite 100 - Bozeman, MT 59715
More
About ArtsMarket »
|
|